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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni WashU experts offer advice to Trump administration January 19, 2017 By WashU Olin Business School 2 minute read Home News WashU experts offer advice to Trump administration Washington University faculty experts share their thoughts and advice for the new administration that officially takes office Jan. 20 with the inauguration of President Trump. Olin&＃8217;s Lamar Pierce, associate professor of organization and strategy, co-authored a 2015 paper, titled &＃8220;Losing Hurts: The Happiness Impact of Partisan Electoral Loss.&＃8221; His work focuses on the psychological and economic motivations for productive and destructive behaviors. He offers advice about the need for watchdogs to new administration leaders switching tracks from the corporate realm: &＃8220;As Donald Trump is inaugurated as president, our nation is divided on the considerable policy changes he has proposed. One thing we should all agree on, however, is that we want the newly appointed executive branch leaders to primarily have our nation&＃8217;s best interest at heart. For a few of his appointees, such as Gen. James Mattis, I am heartened by their dedication to public service and country. But I am severely worried, however, about the considerable financial and personal conflicts of interest visible both in our new president and the majority of his top appointees. Lamar Pierce &＃8220;People are hardwired not to act against their own self-interest. They respond to incentives and are psychologically gifted at justifying self-interest. It is impossible to expect our new president or his appointees from the private sector to consistently pursue national interest before personal profits when they&＃8217;ve spent their entire lives doing the entire opposite. &＃8220;Certainly, conflicts of interest are not new to the executive branch, but we have rarely seen them to the degree present in the new administration. Many voted for Donald Trump because they thought his business skills would translate well to government. But we cannot expect that he or his team, who have spent a lifetime pursuing profits regardless of social cost, will be able to change their mindset now that they are political appointees. &＃8220;Congress, the press and the public must acknowledge and highlight these conflicts and demand that they be addressed. The best way to keep conflicts of interest from influencing politics is to avoid or eliminate them. I hope we will all demand the new administration to pursue this course, and I hope I am underestimating the new administration&＃8217;s will to pursue public interest in the face of personal losses.&＃8221; Read more &＃8220;First 100 Days&＃8221; messages at&＃160;Election2016.wustl.edu. About the Author WashU Olin Business School Firmly established at the Gateway to the West, Olin Business School at Washington University in St. Louis stands as the gateway to something far grander in scale. The education we deliver prepares our students to thoughtfully make difficult decisions—the kind that can change the world. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis